Diacetone Alcohol Market Research Report- Forecast to 2027

Global Diacetone Alcohol Market Information- by Application (Solvents, Chemical Intermediates, Cleaning, Drilling Fluids,  Preservatives, and Others), by End Use Industry (Paints & Coating, Textiles, Automotive, Oil & Gas, Others), and by Region (Asia Pacific, Europe, North America, Latin America, Middle East &Africa,) - Forecast till 2027

ID: MRFR/CnM/2519-CR | October 2017 | Region: Global | 114 pages

Diacetone Alcohol Market Overview


According to the Diacetone Alcohol Market, the market share has been rising, with a gain of 4.85% to reach the revenue of around USD 1,594.5 million, till the end of the year 2023. This is an addition attributed to increasing consumption of the ultimate diacetone alcohol by the most prominent end-use by several industries.

The diacetone alcohol market growth, is doing well. It is also known as DAA. It is an oxygenated solvent with supreme solubility properties. It is a kind of derivative of Alcohol along with non-ethanol components. It is actually synthetically made by aldol condensation of acetone and can be found naturally in Achnatherum robustum, which is actually a plant but also popularly known as sleepy grass. The most prominent application of this Diacetone Alcohol is as a solvent in different industrial and consumer products available in the market. It is applied as a solvent for various purification processes, several adhesives, paints, several thinners, and different household cleaners. Many used it as a component of solvent blends for nitrocellulose, different acrylic, and cellulose acetate lacquers.


COVID 19 Impacts and effects


Diacetone alcohol market usages have been influenced by the COVID-19 outbreak that has spread all across the world; businesses of several types are starting to show the major signs of distress. The DAA industry outlook is not an exception; it is used in some industries that currently witness very high demand. The most affordable product to manufacture. There has been a fast need is projected to contribute to the growth of the world DAA market.


Market Dynamics



  • Major Drivers of The Market


The diacetone, alcohol market type, is of varied nature. Actually, there are many driving factors. The Global Diacetone Alcohol is divided into the application and end-use industry.  On the basis of applications, the market is segregated into solvents, chemical Intermediates, different cleaning, drilling fluids, and several preservatives, among others. Among these different applications, the use of diacetone alcohol as a primary solvent is pushing the market with maximum share. In future years, the category is estimated to rise at a maximum CAGR of 5.70% because of its solubility in both water and oil. Chemical intermediate is the second biggest segment in the worldwide Global Diacetone Alcohol Market with a stag rant 21% share. Based upon the end usages of the industry, the Global Diacetone Alcohol Market is divided into different paints & coating, textiles segment, automotive, and oil & gas segments, among other industries. Among the categories, the paints & coatings industry is the most popular segment, which is developing at the highest CAGR and projects to achieve USD 610.0 million by the end of the year 2023. This particular industry is a primary consumer of Diacetone Alcohol, which is listed for a primary share of the total demand of the product. The overall Textile and automotive industry are primarily following the most leading category that is the paints & coatings industry.


Different factors are focusing on boosting the market share, including factors like continuous global economic development, rising consumer spending, expanding urban population, rising investments, and rise in recreational operations. Besides, huge investments in research and development activities to improve efficiency and enhance the performance of DAA through innovative solutions, higher quality and outputs, reduced breakages, increased efficiency, and increasing establishment of major brands are also bolstering the growth.



  • Significant Opportunities for The Market


The growth trajectory of diacetone, alcohol market prices have risen rapidly in the most contemporary years due to the increasing number of usages which is created by significant end-use industries of various types. The market has also predominantly diversified because of amplified usage in the solvent extracting in the making of purification for varieties of resins and waxes. The increased number of construction activities has provided different ways to escalate the augmentation scope of the market in terms of different varnishes, coating, and paints that are actually employed to beautify the building structures around.


Increasing diacetone, alcohol market demand, owing to less cost, is projected to drive the major demand for the industry. Also along with, growing product design, mega innovations lead the maximum customer experience and are expected to boost the market growth within very little time.



  • Market Restraints


Though the forecast for diacetone alcohol market analysis is impressive, there are certain restraints. The entire process of manufacturing is triggering a very high level of pollution. Overall, the countries are trying hard to minimize or lessen this effect by presenting a new kind of secondary product that could hold actual back the major standard DAA market outlook.



  • Market Growth Challenges


The diacetone alcohol market demand segment is estimated to witness growth owing to its increasing demand from the low-income categories. In addition, consumers are showing interest in buying more. Moreover, the essential demand is expected to keep stagnant because of the relatively better price of the product. Because of increasing demand for low-price advanced and premium technology-based, the product is estimated to drive the segment in the years to come. In addition, the industry is expected to reap the benefit of rising demand for the latest products by the consumers. Also along with, rising demand for the locally manufactured latest product is expected to have a huge positive impact on the demand.



  • Cumulative Growth Analysis


The primary market claims to have a revenue of USD 1,594.5 million by 2023 and a 4.85% CAGR over the estimated period (2019- 2025). The requirement for this vast concept has risen because companies are conscious now. The different Asian and North American major countries are focusing on spreading the production to meet the given targets and deal with innovative technologies effectively.



  • Value Chain Analysis


The diacetone, alcohol market growth, is impressive; famous companies are manufacturing it. It is a modern concept. Unbelievably high in demand, and able can give the consumer a unique experience. The best products provide a perfect construction, thus, has offered less strain on the demand


By Sales Channel


The companies are creating new avenues, and this concept of coating is gaining momentum. The processes are dynamic now, so the concept is evolving every day. To meet the global supply chain and latest technology services criteria, the major companies are getting agreement to grow and work together. Organizations that are active in the making of different launches have an advanced solution sanctioning that can proactively change the functions.


By Application:


Diacetone Alcohol Market - Division on the basis of Application



  • Solvents

  • Chemical Intermediates

  • Cleaning

  • Drilling Fluids

  • Preservatives

  • Others


Diacetone Alcohol Market - Division on the basis of End-User



  • Paints & Coating Industry

  • Textiles

  • Automotive

  • Oil & Gas

  • Others


Diacetone Alcohol Market - Division on the basis of Region



  • Asia Pacific

  • China

  • India

  • Japan

  • Rest of Asia Pacific

  • North America

  • US

  • Mexico

  • Canada

  • Europe

  • Germany

  • UK

  • Spain

  • Italy

  • France

  • Rest of Europe

  • Middle East & Africa

  • Latin America


Intended Audience of DAA:


Manufacturers and Distributors of Diacetone Alcohol.


Suppliers and Traders.


Government, Associations and Industrial Bodies.


Investors and Trade experts.


Consulting in Chemical Experts.


The major players in the Global Diacetone Alcohol Market are many:


Solvay S.A (Belgium)


Arkema Group (France)


Monument Chemical Inc. (U.S.)


Recochem Inc. (Canada)


Prasol Chemicals Pvt. Ltd. (India)


KH Neochem Co., Ltd. (Japan)


Regional Analysis


As per diacetone alcohol market forecast analysis, the entire region of North America dominated the Global Market and has registered the largest share of the market in the year 2016. The Asia Pacific market is again followed by countries like Europe and North America. Moreover, the market is huge and will witness major growth during the estimated period with a rising concentration of end-user segments for DAA demand in the global region coupled with a major expansion of primary producers of DAA and its alloys in the region. Over the estimated period, the regions of the Middle East & Africa are projected to offer several lucrative opportunities for byproducts because of the new construction latest activities in the region and carrying trend of industry bifurcation to non-oil manufacturing advanced sectors, with respect to major declining crude oil prices.


Europe is a prominent region in the Global Diacetone Alcohol Market. It shows a considerable total market share of 18%, as of the year 2016. Germany dominates the European market share because of the increasing demand for paints & coatings from both the sectors of the household and automotive industry. Europe is followed by Latin America countries and the Middle East & Africa, which is projected to rise at a considerate rate during the forecast timeline.



  • North America

  • US

  • Canada

  • Europe

  • UK

  • Rest of Europe

  • APAC

  • China

  • Rest of APAC

  • MEA

  • KSA

  • Rest of MEA

  • Latin America

  • Brazil

  • Rest of Latin America


Recent Developments


The Asia Pacific accounted for maximum share due to the spread of end-use industries in this region


China is the biggest producer and end-user of diacetone alcohol.


Report Overview



  • Market overview highlights the global recognition

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2023: USD 1,594.5 Million
  • 2027: Significant value
  •   CAGR   4.85%(2016–2023)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Application, End-Use Industry and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Solvay S.A (Belgium), Arkema Group (France), Monument Chemical Inc. (U.S.), Recochem Inc. (Canada), Prasol Chemicals Pvt. Ltd. (India), KH Neochem Co., Ltd. (Japan)
      Key Market Opportunities   The growth trajectory of diacetone, alcohol market prices have risen rapidly in the most contemporary years due to the increasing number of usages
      Key Market Drivers   Continuous global economic development, rising consumer spending, expanding urban population, rising investments


    Frequently Asked Questions (FAQ) :


    USD 1,594.5 million by 2025

    To have an expected CAGR would be 4.85% during the forecast period.

    1 Executive Summary


    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure


    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model


    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Diacetone Alcohol Market


    5 Industry Overview of Global Diacetone Alcohol Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis


    6 Market Trends

    6.1 Introduction

    6.2 Growth Drivers & Trends

    6.3 Impact analysis


    7 Global Diacetone Alcohol Market by Application

    7.1 Introduction

    7.2 Solvents

    7.3 Adhesives

    7.4 Cleaning

    7.5 Preservatives

    7.6 Others


    9 Global Diacetone Alcohol Market by End Use Industry

    9.1 Introduction

    9.2 Automobile

    9.3 Textiles

    9.4 Building & Construction

    9.5 Agriculture

    9.6 Plastics

    9.7 Paint & Coating

    9.8 Others


    10 Global Diacetone Alcohol Market by Region

    10.1 Introduction

    10.2 North America

    10.2.1 US

    10.2.2 Canada

    10.3 Europe

    10.3.1 Germany

    10.3.2. France

    10.3.3 Italy

    10.3.4 Spain

    10.3.5 UK

    10.4 Asia-Pacific

    10.4.1 China

    10.4.2 India

    10.4.3 Japan

    10.4.4 Australia

    10.4.5 New Zealand

    10.4.6 Rest of Asia-Pacific

    10.5 Middle East & Africa

    10.5.1 Turkey

    10.5.2 Israel

    10.5.3 North Africa

    10.5.4 GCC

    10.5.5 Rest of Middle East & Africa

    10.6 Latin America

    10.6.1 Brazil

    10.6.2 Argentina

    10.6.3 Rest of Latin America


    11 Company Landscape


    12 Company Profiles

    12.1 Solvay S.A.

    12.1.1 Company Overview

    12.1.2 Product/Business Segment Overview

    12.1.3 Financial Updates

    12.1.4 Key Developments


    12.2 Arkema Group

    12.2.1 Company Overview

    12.2.2 Product/Business Segment Overview

    12.2.3 Financial Updates

    12.2.4 Key Developments


    12.3 Huntsman International LLC

    12.3.1 Company Overview

    12.3.2 Product/Business Segment Overview

    12.3.3 Financial Updates

    12.3.4 Key Developments


    12.4 Monument Chemical Inc.

    12.4.1 Company Overview

    12.4.2 Product/Business Segment Overview

    12.4.3 Financial Updates

    12.4.4 Key Developments


    12.5 Recochem Inc

    12.5.1 Company Overview

    12.5.2 Product/Business Segment Overview

    12.5.3 Financial Updates

    12.5.4 Key Developments


    12.6 GALAXY CHEMICALS

    12.6.1 Company Overview

    12.6.2 Product/Business Segment Overview

    12.6.3 Financial Updates

    12.6.4 Key Developments


    12.7 Prasol Chemicals Limited

    12.8.1 Company Overview

    12.7.2 Product/Business Segment Overview

    12.7.3 Financial Updates

    12.7.4 Key Developments


    12.8 Aareydrugs & Pharmaceuticals Ltd.

    12.8.1 Company Overview

    12.8.2 Product/Business Segment Overview

    12.8.3 Financial Updates

    12.8.4 Key Developments


    12.9 Shanghai Jianyuan Chemical Co.,Ltd.

    12.8.1 Company Overview

    12.9.2 Product/Business Segment Overview

    12.9.3 Financial Updates

    12.9.4 Key Developments


    12.10 SRI NEELIMA LABORATORIES

    12.10.1 Company Overview

    12.10.2 Product/Business Segment Overview

    12.10.3 Financial Updates

    12.10.4 Key Developments


    13 Conclusion


    14 List of Tables

    Table 1 World Population by Major Regions (2020 To 2027)

    Table 2 Global Diacetone Alcohol Market: By Region, 2020-2027

    Table 3 North America Diacetone Alcohol Market: By Country, 2020-2027

    Table 4 Europe Diacetone Alcohol Market: By Country, 2020-2027

    Table 5 Asia-Pacific Diacetone Alcohol Market: By Country, 2020-2027

    Table 6 Middle East & Africa Diacetone Alcohol Market: By Country, 2020-2027

    Table 7 Latin America Diacetone Alcohol Market: By Country, 2020-2027

    Table 8 Global Diacetone Alcohol by Application Market: By Regions, 2020-2027

    Table 9 North America Diacetone Alcohol by Application Market: By Country, 2020-2027

    Table 10 Europe Diacetone Alcohol by Application Market: By Country, 2020-2027

    Table 11 Asia-Pacific Diacetone Alcohol by Application Market: By Country, 2020-2027

    Table 12 Middle East & Africa Diacetone Alcohol by Application Market: By Country, 2020-2027

    Table 13 Latin America Diacetone Alcohol by Application Market: By Country, 2020-2027

    Table 14 North America Diacetone Alcohol for End User Market: By Country, 2020-2027

    Table 15 Europe Diacetone Alcohol for End User Market: By Country, 2020-2027

    Table 16 Asia-Pacific Diacetone Alcohol for End User Market: By Country, 2020-2027

    Table 17 Middle East & Africa Diacetone Alcohol for End User Market: By Country, 2020-2027

    Table 18 Latin America Diacetone Alcohol for End User Market: By Country, 2020-2027

    Table 19 Global Application Market: By Region, 2020-2027

    Table 20 Global End User Market: By Region, 2020-2027

    Table 21 North America Diacetone Alcohol Market, By Country

    Table 22 North America Diacetone Alcohol Market, By Application

    Table 23 North America Diacetone Alcohol Market, By End User

    Table 24 Europe: Diacetone Alcohol Market, By Country

    Table 25 Europe: Diacetone Alcohol Market, By Application

    Table 26 Europe: Diacetone Alcohol Market, By End User

    Table 27 Asia-Pacific: Diacetone Alcohol Market, By Country

    Table 28 Asia-Pacific: Diacetone Alcohol Market, By Application

    Table 29 Asia-Pacific: Diacetone Alcohol Market, By End User

    Table 30 Middle East & Africa: Diacetone Alcohol Market, By Country

    Table 31 Middle East & Africa Diacetone Alcohol Market, By Application

    Table 32 Middle East & Africa: Diacetone Alcohol Market, By End User

    Table 33 Latin America: Diacetone Alcohol Market, By Country

    Table 34 Latin America Diacetone Alcohol Market, By Application

    Table 35 Latin America: Diacetone Alcohol Market, By End User



    15 List of Figures

    FIGURE 1 Global Diacetone Alcohol Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Diacetone Alcohol Market

    FIGURE 4 Value Chain of Global Diacetone Alcohol Market

    FIGURE 5 Share of Global Diacetone Alcohol Market in 2020, by country (in %)

    FIGURE 6 Global Diacetone Alcohol Market, 2020-2027,

    FIGURE 7 Sub-segments of End Users

    FIGURE 8 Global Diacetone Alcohol Market size by End User, 2020

    FIGURE 9 Share of Global Diacetone Alcohol Market by End User, 2020 to 2027

    FIGURE 9 Global Diacetone Alcohol Market size by Application, 2020

    FIGURE 11 Share of Global Diacetone Alcohol Market by Application, 2020 to 2027